For Sale
$3,990,000

626 Old Dixie HwyVero Beach, FL 32962

Prime Vero Beach retail property, 11 units, excellent visibility.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 11-unit retail property, located at 626 Old Dixie Hwy SW in Vero Beach, Florida (zip code 32962), presents a compelling investment opportunity. Built in 1985, this single-story building boasts a newly resurfaced asphalt parking lot offering excellent parking and high visibility for tenants. The property features a recently installed metal roof, providing both aesthetic appeal and enhanced durability, particularly beneficial in hurricane-prone areas. The location is a key advantage, situated near Oslo Road in a rapidly expanding area of Indian River County. This corridor is experiencing significant growth, with numerous new residential developments, shopping centers, and restaurants currently under construction. This high-demand location ensures strong tenant occupancy and potential for significant future appreciation. The property's 0 sq ft lot size indicates the building is likely situated on a larger parcel, details of which should be confirmed. The asking price is $3,990,000. This property is ideal for investors seeking a strong return in a thriving market.

Highlights

  • 11-unit retail property in Vero Beach, FL (32962) at 626 Old Dixie Hwy SW.
  • Built in 1985, featuring a newly resurfaced parking lot and a recently installed metal roof.
  • High-visibility location near Oslo Road in a rapidly growing area with new residential and commercial development.
  • Asking price: $3,990,000.

Property Details for 626 Old Dixie Hwy

Property type
Retail properties, Land
Year Built
1985
Stories
1
Units
11

Location Insight

City
Vero Beach
County
Indian River
State
Florida
Latitude
27.5920817
Longitude
-80.3809129
626 Old Dixie Hwy, Vero Beach, Florida

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626 Old Dixie Hwy
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